DOGE Co-Creator Billy Markus believe Doge will fix transaction problems as Standard Microtransactional Network

• Billy Markus, the co-founder of Dogecoin, believes the dog-themed cryptocurrency has a bright future because it is poised to cure the internet.

• In a tweet on February 4, he stated that the cryptocurrency will become “the world’s standard micro-transaction platform.”

Dogecoin, the original joke coin created in 2013 as a riposte to bitcoin by Billy Markus and Jackson Palmer, has swiftly gained popularity as a popular mechanism for facilitating frictionless microtransactions throughout the internet.

Dogecoin, the meme cryptocurrency that hopes to be a worldwide payment mechanism, has gained popularity in recent years largely as a digital tipping tool for sending small amounts of money.

“The world’s standard micro-transaction platform.”

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Dogecoin, according to Markus, also known on Twitter as Shibetoshi Nakamoto, will repair the internet. In a tweet on February 4, he stated that the cryptocurrency will become “the world’s standard micro-transaction platform.”

Elon Musk, CEO of Tesla/SpaceX, stated in May that Dogecoin would “hands down” defeat bitcoin if its block time and block size were increased by 10x and fees were reduced by 100x. 

Dogecoin has also attracted the attention of Dallas Mavericks owner Mark Cuban and AMC Theaters.

Throughout 2021, Musk was a strong promoter of Dogecoin, and his regular tweets pushed the price of DOGE higher. Musk has also been collaborating with Dogecoin developers on ideas to make the joke cryptocurrency more simple and affordable for daily purchases such as movie tickets and a cup of coffee.

As the Internet of Things grows in popularity, there is an increasing need for real-time tiny payments with minimal transaction rates.

“Flirting with its old companion 15”

In another tweet, Markus reported that he only has 220K DOGE and that dogecoin was “flirting with its old companion 15.” In response to a Twitter user who expressed optimism about a trend reversal, the dogecoin co-creator stated that he likes to stay negative in order to psychologically prepare for a hypothetical absolute apocalypse situation.

On May 8, 2021, Dogecoin reached a lifetime high of $0.731578.

Currently, The Dogecoin price has recovered 7.57 percent in the previous 24 hours, regaining the $0.15 support level. However, at the time of publishing, the cryptocurrency has retraced little to $0.1493.